Should I Accept the Auto Insurance Company’s Offer?

You’re driving down Central Ave when, all of the sudden, another car t-bones yours. A witness says that the other driver flew through a stop sign. As a result, you’re injured.

The ambulance takes you to the emergency room and you’re admitted. Hours later, the physician approves for you to be discharged. You decide to rest for the remainder of the day and plan to call your insurance company in the morning.

Before you even get to the couch, your phone rings. It’s the other driver’s insurance company. The auto insurance adjuster begins firing questions at you, wanting to know exactly what happened, the details of your vehicle, who your insurance company is, and whether you’re hurt.

A couple of months later, the insurance company finally offers you $2,000.

Should you take it?

Maybe. Maybe not.

Unfortunately, the answer to that question is unique to each individual case. There are many factors to take under consideration, including:

The extent of your injuries caused by the accident

Medical expenses you’ve incurred as a result of your accident-related injuries

Medical expenses you’ll likely incur in the future as a result of your accident-related injuries

The damage to your vehicle

Wages that you’ve lost, because you haven’t been able to work

These are just some of the things to consider.

While your decision to accept the offer or not depends on your unique situation, we will say this:
Don’t accept the first offer from the insurance company just because you’re worn down from dealing with the claim. Insurance adjusters have several tactics to minimize payout amounts. Insurance companies are, after all, for-profit businesses.

Insurance companies are represented by diligent lawyers. Who do you have on your side?

Injured in a recent auto accident in New Mexico?

At Baskerville Law LLC, our skilled auto accident lawyer will look out for your best interests. Call 505-247-2774 to schedule a free consultation. If hiring a personal injury lawyer is not in your best interest for the situation at hand, we’ll let you know and give you a few tips for handling the claim on your own.